Journalize the following transactions for Price Company using the gross method of accounting for sales discounts. Assume a perpetual inventory system. Also, assume a constant gross profit ratio for all items sold. Make sure to enter the day for each separate transaction. December 10 Sold goods costing $5,700 to Ward Company on account, $9,500, terms 5/10, n/30. December 16 Ward Company was granted an allowance of $2,280 for returned merchandise that was previously purchased on account. The returned goods are damaged and have no scrap value. December 20 Received the amount due from Ward Company.